Title
Alachua Wholesale Power Contract (B)
This item involves the City of Alachua contract.
Explanation
The City of Alachua and GRU both have the option of terminating our wholesale power contract on midnight, December 31, 2008, with twelve months notice. The City of Alachua has already issued a Request for Power Supply Proposals with the stated intent of evaluating its options. It is our intent to develop a proposal that will be mutually beneficial.
Recommendations
The City Commission authorize the General Manager or her designee to provide the City of Alachua with notification that the existing wholesale power contract will terminate at midnight, December 31, 2008.
Fiscal Note
Net revenues from the City of Alachua have not been budgeted for 2009.
Drafter
Prepared by Ed Regan, P.E., AGM for Strategic Planning
Submitted by Karen S. Johnson, General Manager